Japan to Provide US$46 M Emergency Loan to Small Businesses in Myanmar

YANGON—The Japan International Cooperation Agency (JICA) has announced emergency loans worth 5 billion yen (US$46.5 million) to assist businesses in Myanmar hit by the coronavirus pandemic as part of its plan to help the country mitigate the impacts of COVID-19. On Monday, JICA said the loans will be low-interest and will support small and medium-sized […]

Baby brand Kyarlay gets $750K investment boost

Yangon-based baby products start-up Kyarlay this week raised US$750,000 from two growth funds looking to expand their investment in Myanmar. Kyarlay, an e-commerce and delivery provider specialising in baby products, sold equity stakes to Emerging Markets Entrepreneurs and United Managers Japan Inc. It did not disclose the amount of the shareholdings. Kyarlay was founded last […]

Yangon water supply upgrade may bypass the poorest

The Myanmar and Japanese governments are working together to deliver clean, drinkable water to millions of Yangon residents and end groundwater use, but the city’s poorest households may miss out on the benefits. By EAINT THET SU | FRONTIER WITH almost-transparent bamboo walls and nipa palm roofs, the homes on Watmasut Wun Htauk Street in […]

Myanmar to Upgrade Urban Infrastructure in State Capitals, Border Town

YANGON—The Myanmar government is planning to upgrade basic infrastructure and enhance urban management of three major cities in Mon and Karen states that lie along Japan’s planned East-West Economic Corridor for the Greater Mekong Subregion (GMS). Minister of Construction U Han Zaw said Monday that his ministry will take a leading role in developing the […]

Japan’s popular “Gari Gari kun” ice pops land in Myanmar

YANGON-Japanese ice cream maker Akagyi Nyugyo Co. has begun selling its ” Gari Gari kun” ice pops in Myanmar, marking the beginning of the first full-fledged sale of the flagship product with local distributors outside Japan and Thailand. The products are shipped from a factory in Thailand via a cold chain logistics system operated by […]

Biofuel plants to help city’s waste woes

Poland and Japan have offered to help Yangon address its growing rubbish disposal problem. The waste problem in Yangon, the country’s commercial hub and most populous city, is increasing every day. Its main dump, the Htein Pin landfill in Hlaing Tharyar township, is nearly full. The city of over seven million people produces up to […]

Swe Myanmar: Sharing the flavors of home in Tokyo’s ‘Little Yangon’

Past the numerous izakaya bars and chain restaurants flanking Takadanobaba’s Sakae-dori street, there’s a simple brown building with a signboard reading “Swe Myanmar.” Although Swe Myanmar is one of many Myanmar restaurants in Takadanobaba, known to many as Tokyo’s “Little Yangon,” one aspect makes it unique: The owner, Than Swe, 56, is a foreign national […]

Japan to Provide Over $1 Billion in Loans to Myanmar for Development Projects

YANGON—Myanmar and Japan have signed four loan agreements worth about US$1.1 billion (120.915 billion yen, or 1.61 trillion kyats) to fund sewerage, urban development, power distribution and infrastructure improvement projects in seven regions and states in Myanmar. The four Official Development Assistance (ODA) loan agreements were signed on Tuesday between Japanese Ambassador Maruyama Ichiro and […]

Local consulting firm opens branch in Japan

Yangon-based think-tank Myanmar Survey Research (MSR) opened an overseas office in Japan last month to work closely with potential Japanese investors. The office is located in Chidoya ward, Tokyo, under the name MSR Japan with operations planned to commence after the New Year. “The objectives of setting up an office in Japan are for us […]

China Seeks Road, River Route Via Ayeyarwady for Economic Corridor

China is planning to build vital trade and logistics links with Myanmar along the Ayeyarwady River as part of the China-Myanmar Economic Corridor (CMEC) to bypass poor road infrastructure. Proposed by China in November 2017 as part of its global Belt and Road Initiative, the CMEC is expected to connect China’s Yunnan Province with Mandalay […]